Globalstar, Inc. (NYSEAMERICAN:GSAT - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $31.23, but opened at $32.82. Globalstar shares last traded at $36.83, with a volume of 1,389,001 shares changing hands.
Globalstar Price Performance
The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.99 and a current ratio of 1.09. The company's 50 day moving average price is $27.52 and its 200 day moving average price is $23.03. The company has a market cap of $3.78 billion, a price-to-earnings ratio of -66.57 and a beta of 1.03.
Globalstar Company Profile
(
Get Free Report)
Globalstar, Inc provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment.
Further Reading
Before you consider Globalstar, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Globalstar wasn't on the list.
While Globalstar currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
